Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Committee, c/o ANZ Grindlays Bank Ltd, on Wednesday (February 11, 2004).
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INTEREST PAYABLE ON FE DEPOSITS
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BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
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US Dollars Value 12-02-2004 Value 12-02-2004
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For 3 months and over but less than
6 months 0.8800% PA 1.6300% PA
For 6 months and over but less than
12 months 0.9500% PA 1.7000% PA
For 12 months 1.1700% PA 2.0450% PA
For 2 years 1.1700% PA 2.5450% PA
For 3 years 1.1700% PA 2.7950% PA
For 4 years 1.1700% PA 3.0450% PA
For 5 years 1.1700% PA 3.1700% PA
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POUND STERLING Value 11-02-2004 Value 11-02-2004
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For 3 months and over but less than
6 months 3.9058% PA 4.6558% PA
For 6 months and over but less than
12 months 4.0277% PA 4.7777% PA
For 12 months 4.2450% PA 5.1200% PA
For 2 years 4.2450% PA 5.6200% PA
For 3 years 4.2450% PA 5.8700% PA
For 4 years 4.2450% PA 6.1200% PA
For 5 years 4.2450% PA 6.2450% PA
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EURO Value 12-02-2004 Value 12-02-2004
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For 3 months and over but less than
6 months 1.8188% PA 2.5688% PA
For 6 months and over but less than
12 months 1.8325% PA 2.5825% PA
For 12 months 1.8974% PA 2.7724% PA
For 2 years 1.8974% PA 3.2724% PA
For 3 years 1.8974% PA 3.5224% PA
For 4 years 1.8974% PA 3.7724% PA
For 5 years 1.8974% PA 3.8974% PA
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Japanese Yen Value 12-02-2004 Value 12-02-2004
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For 3 months and over but less than
6 months -0.1963% PA 0.5538% PA
For 6 months and over but less than
12 months -0.1833% PA 0.5668% PA
For 12 months -0.1613% PA 0.7138% PA
For 2 years -0.1613% PA 1.2138% PA
For 3 years -0.1613% PA 1.4638% PA
For 4 years -0.1613% PA 1.7138% PA
For 5 years -0.1613% PA 1.8388% PA
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